RAY DALIO: Risks are rising, and everybody should put 5% to 10% of their assets in gold
|08/12/2017||Posted by BusinessMediaguide.Com under General World News||
- Bridgewater, the world’s largest hedge fund, told clients that risks were rising.
- Volatility is low, and geopolitical risks, like those between the US and North Korea, are increasing.
- Everyone should consider a 5% to 10% allocation to gold as a hedge, Bridgewater says.
Geopolitical risks are rising, and everyone needs to consider an allocation to gold.
That’s according to a Bridgewater Associates note to clients released on Wednesday, penned by founder Ray Dalio and staffers Bob Elliott, Steven Kryger, and Neil Hannan. A copy of the note was reviewed by Business Insider.
Bridgewater, based in Bridgeport, Connecticut, is the world’s largest hedge fund firm, managing read more >>>